Booz Allen Hamilton Holding Corporation $BAH Stock Holdings Lessened by Bailard Inc.

Bailard Inc. reduced its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 67.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,707 shares of the business services provider’s stock after selling 13,852 shares during the quarter. Bailard Inc.’s holdings in Booz Allen Hamilton were worth $566,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of BAH. Nicholas Company Inc. increased its holdings in shares of Booz Allen Hamilton by 4.7% in the 4th quarter. Nicholas Company Inc. now owns 60,635 shares of the business services provider’s stock worth $5,115,000 after acquiring an additional 2,743 shares during the period. Securian Asset Management Inc. acquired a new position in Booz Allen Hamilton during the 4th quarter valued at about $746,000. Midwest Trust Co increased its stake in Booz Allen Hamilton by 3.9% during the 4th quarter. Midwest Trust Co now owns 124,277 shares of the business services provider’s stock valued at $10,484,000 after buying an additional 4,690 shares during the period. Sequoia Financial Advisors LLC increased its stake in Booz Allen Hamilton by 38.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 9,206 shares of the business services provider’s stock valued at $777,000 after buying an additional 2,536 shares during the period. Finally, Equitable Trust Co. increased its stake in Booz Allen Hamilton by 9.1% during the 4th quarter. Equitable Trust Co. now owns 7,633 shares of the business services provider’s stock valued at $644,000 after buying an additional 637 shares during the period. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Stock Performance

BAH stock opened at $73.34 on Friday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. The stock has a market cap of $8.84 billion, a P/E ratio of 10.90, a P/E/G ratio of 4.13 and a beta of 0.32. The firm has a 50 day simple moving average of $78.92 and a 200 day simple moving average of $83.61. Booz Allen Hamilton Holding Corporation has a 52 week low of $68.83 and a 52 week high of $130.91.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wells Fargo & Company started coverage on shares of Booz Allen Hamilton in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 target price on the stock. DA Davidson set a $81.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. UBS Group reaffirmed a “neutral” rating and issued a $97.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Jefferies Financial Group set a $85.00 price objective on shares of Booz Allen Hamilton in a research note on Monday. Finally, Truist Financial lowered their price objective on shares of Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $93.33.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.